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$995,000
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Property Description
Tucked away at the end of a quiet street on nearly 10 fully fenced acres in Sanford, this one-of-a-kind stilt home property offers rare privacy, exceptional versatility, and outstanding equestrian potential. With expansive, usable acreage and no HOA, the land is ideal for horses, livestock, agricultural use, or a private farmstead-while still offering endless opportunities to build, expand, or invest. This property is zoned A-1 and may also be subdivided, presenting an excellent opportunity for future development, multi-generational living, or long-term investment. Live comfortably in the existing home while you build your dream estate, or enjoy the property as-is with room to grow. The front portion of the property is fully cleared and ready for a new home site, barns, paddocks, riding arena, or additional structures. The elevated stilt home features 2 bedrooms and 1 bathroom, plus an additional area that can easily be enclosed to create a third bedroom or flexible living space. Recent improvements include a 2022 roof, 2018 A/C, 2021 plumbing, and electrical panel. The elevated design offers peaceful views across the acreage, while the space below-previously used as a barn-provides excellent functionality for equestrian use, livestock, storage, or a workshop. Conveniently located just minutes from Sanford Airport, SR-417, shopping, dining, and everyday amenities, this property combines the freedom of acreage living with easy access to Central Florida conveniences. Whether you're seeking an equestrian property, private retreat, small farm, or land with development potential, this unique Sanford opportunity is ready to bring your vision to life.
Full Property Details
Full Property Details for 1545 Palm Way
General
- Price: $995,000
- Taxes: $1,722 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6365836
- Updated: 1/1/2026
- Added to Site: 17 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), Solid Wood Cabinets
- Appliances: Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Linoleum, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Exterior
- Exterior Features: Other
- Deck/Patio: Covered, Front Porch, Side Porch
- Porch/Patio/Deck: Covered, Front Porch, Side Porch
Location
- Area: 32773 - Sanford
- County: Seminole
- Development Name: 32773 - Sanford
- Subdivision: PALM HAMMOCK
- Driving Directions: Heading east on E Lake Mary Blvd, turn right onto S Sanford Ave. Turn left onto Pine Way, then right onto Mellonville Ave. Turn left onto Palm Way and follow the road to the very end. Continue past the paved portion onto the dirt/grass road. The gated entrance is located at the end of the road on the right, along the rear boundary of the property.
- Direction Faces: South
School Information
- Middle School: Sanford Middle
- High School: Seminole High
Community
- Community Name: 32773 - Sanford
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Architectural Info: Florida, Key West
- Architectural Style: Florida, Key West
- Exterior Const.: Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,080
- Sq. Ft. Source: Public Records
- Year Built: 1984
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 9.32
- Lot Size (Sq. Ft.): 406,400
- Lot Size: 9.3297
- Lot Dimensions: 635' x 640'
- Frontage: Street Dead-End, Street Unpaved
- Street/Road Desc.: Unimproved, Dirt
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $1,722
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 24 PALM HAMMOCK PB 1 PG 104
- Flood Zone Info: X
- APN: 1720315AZ00000240
- Property ID: 1720315AZ00000240
Listed by Creegan Group
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Schools
Schools serving 1545 Palm Way
School District:Seminole County School District
| Name | Grades | Distance |
|---|---|---|
Pine Crest Elementary School 405 West 27th Street, Sanford, FL 32773 | K-5 | 2.7 mi |
Midway Elementary School 2368 Brisson Avenue, Sanford, FL 32771 | K-5 | 3.1 mi |
Seminole High School, Sanford, FL 2701 Ridgewood Avenue, Sanford, FL 32773 | 9-12 | 3.3 mi |
Sanford Middle School, Sanford, FL 1700 South French Avenue, Sanford, FL 32771 | 6-8 | 3.9 mi |
Hamilton Elementary School 1501 East 8th Street, Sanford, FL 32771 | K-5 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1545 Palm Way
Date
Details
Price
Change
Source
1/01/2026
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1545 Palm Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,764
293%
$151,552
3%
2024
$1,722
3%
$147,281
3%
2023
$1,677
8%
$142,991
6%
2021
$1,555
-4%
$134,783
-3%
2022
$1,627
5%
$138,826
4%
2021
$1,555
4%
$132,922
4%
2018
$1,493
1%
$127,511
2%
2017
$1,477
-2%
$124,888
2%
2016
$1,505
-1%
$122,319
1%
2015
$1,522
—
$121,469
-7%
2019
$1,517
1%
$129,934
8%
2014
$1,507
-1%
$120,505
2%
2013
$1,519
—
$118,724
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1545 Palm Way
1545 Palm Way, Sanford, FL 32773 (MLS# O6365836) is a Single Family property with 2 bedrooms and 1 full bathroom. 1545 Palm Way is currently listed for $995,000 and was received on January 01, 2026. Want to learn more about 1545 Palm Way? Do you have questions about finding other Single Family real estate for sale in Sanford? You can browse all Sanford real estate or contact a Coldwell Banker agent to request more information.

